F a I T H Food Pantry

Analysis

F a I T H Food Pantry is a registered charity in United States, based in Nettleton, MS. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, F a I T H Food Pantry reported income of $117k and spending of $123k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $186k to $117k (-37%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, F a I T H Food Pantry sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MS. Charities of a similar size with the same main cause include St Teresa of Avila Conference of St Vincent de Paul Society ($117k), Gateway Landing ($117k) and Compassion Closet of East Tennessee ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $625k against liabilities of $0, net assets of $625k.